The market for alternative legal services providers (ALSPs) is showing itself to be a highly dynamic part of the overall legal ecosystem.

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As the Global Head of Taxation for $22b company, Tata Consulting Services (TCS), Renu Narvekar has enviable credentials and a career history to match. Renu speaks candidly with Thomson Reuters about the 2022 trajectory, her client-obsessed strategy and being a role model for future female leaders.

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Cryptocurrency is no longer confined to the fringe of organised crime and tech companies. The age of ‘digital currency’ has well and truly arrived and many Australians have taken to investing in crypto. Tax myths abound and not surprisingly, regulators worldwide, including the ATO, are on the case.

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Thomson Reuters Regulatory Intelligence has carried out its 12th annual survey on the cost of compliance focusing on the challenges the compliance functions at financial services firms around the world expect to face in the year ahead.

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Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern.  

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Keep using spreadsheets? Sure, they have their place, but it’s more for certain types of tasks, not necessarily for everything that you’re trying to do.

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“There won’t be enough work to keep all traditional lawyers in practice, because the market will have moved to different ways of solving problems,” says Prof Richard Susskind OBE, President of the Society of Computers & Law in the UK.

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